WVEL Entertainment/Money Scope: Oprah Winfrey

(Photo By Flickr User Disney | ABC Television Group)

 

“It’s All About The O, Baby!”

Oprah Becomes First African-American Woman On Top 500 Richest People In The World List.

Oprah Winfrey is the queen who keeps on reigning supreme! The media mogul is now the first African-American woman to become one of the top 500 richest people in the world.

According to Bloomberg Billionaires Index & iHeart Media, Winfrey raked in over $420 million since January 1, 2018. This brings her total net worth to a whopping $4.02 billion. The entertainment powerhouse debuted on the list back in June 2018 at the No. 494 spot. Now, she’s at the 483rd spot and climbing. Winfrey is closing in on the likes of Mark Cuban, who’s net worth is $4.05 billion and John Paul DeJoria, who’s also valued at $4.05 billion.

“The 64-year-old is having a great year. Her latest jump in wealth comes thanks primarily to her investment in Weight Watchers,” Bossip reports. “In 2015, Winfrey put a hefty $43 million in the company and got a 10 percent stake. Her stake is now down to 8 percent, but the investment continues to benefit both parties. The company’s recent stock rally on June 12th sent share prices to record highs, which is what tipped Oprah’s wealth over $4 billion.”

 

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